Tips & Advice You & Your Business

Avoiding the tax hike on directors’ loan accounts

In his 2016 Budget the Chancellor raised the rate of tax companies must pay when they lend money to their directors. One way to avoid it is to clear the debt with a bonus. What special steps are needed to put this into effect?

Login with your username and password to access this content.

Annual subscription

I'd like to take out an annual subscription for just £356.

Price: £356 + VAT

© Indicator - FL Memo Ltd • Telephone: (01233) 653500 • Fax: (01233) 647100 • customer.services@indicator-flm.co.uk • www.indicator-flm.co.uk
Calgarth House, 39-41 Bank Street, Ashford, Kent TN23 1DQ • VAT GB 726 598 394 • Registered in England • Company Registration No. 3599719